676500
Question 1
Answer
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Unpredictability, indeterminacy, or indefiniteness of the business environment.
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Knowing what's going to happen next.
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Ways in which business change existing business practice.
Question 2
Question
Some reasons why the business environment can be uncertain are ...
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down-graph_1_ (image/jpg)
Answer
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Changes in the economy
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Customer demand changing
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Competing businesses
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The British egg council.
Question 3
Question
Which 2 television personalities presented a 2008 Channel 4 documentary on the life of battery chickens?
Answer
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Jamie Oliver and Hugh Fearnly-Whittingstall
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Jimmy Doherty and Fern Cotton
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Heston Blumenthal and Padma Lakshmi
Question 4
Question
Why did farmers have to change their business practises after this programme?
Answer
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Customers were appalled at the conditions their chickens were living in.
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Customers weren't buying as many chickens, so farms would have lost money.
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KFC needed more ethically sourced chickens.
Question 5
Question
Consequences to a business of not taking risks can include ...
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consequences_1_ (image/jpg)
Answer
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They can lose market share
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They can see a downturn in profits
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They can increase advertising
Question 6
Question
On what pages can you read more about "Uncertainty - Risk, reward and change"?
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Answer
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42 - 45
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17 - 21
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61 - 64
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